Want this question answered?
In this word problem, think of "is" as an equal sign and "of" as a multiplication sign. "What" would be the variable. Therefore, the problem translated into math is: A = 0.035 x 150000, where 0.035 is the same as 3.5%.
20% of 150,000 would be 15,000 + 15,000 or 30,000.
That would really depend on the investment strategy, are you getting 4% per month, per year or per week (yes they are all possible)? 4% of $150,000 is $6,000. If your interest rate is annual then monthly return would be $500. If your interest rate is monthly then it would be $6,000 and of coarse weekly interest rate of 4% would give you $24,000 monthly. It all comes down to interest rate over what period of time then factored by the month. 6000$
The answer depends on the interest rate and the length of the mortgage. You can build a chart at the related link provided below.
Simple interest would be 360
Simple interest would be 1040
You would first find the percent (if it was 5% interest (for example) on a calculator you would do the amount then multiply by 5, then click the percent, by hand: you would multiply the amount you paid for then multiply by 0.05 then you would get the interest; simple math :D
1 percent of 2,000 is 20 .
44years 8months
2010.00
You would earn 1750.
That depends on a lot of factors including interest rate, length of loan. For example, at 5% for 30 years your payment would be: $805.23 But at 15 years, it would $1,186.19.